The trial of Jay Y Lee, the vice chairman of Samsung Electronics Co, in the bribery and influence scandal case began on Thursday. The prosecutors tried to prove Lee donated millions of dollars to charitable foundations controlled by Choi Soon Sil, a confidante of impeached South Korean President Park Geun hye, to help secure the control of Samsung Group. ...

  Bloomberg Co-Operative Bank Plc, the British lender that put itself up for sale last month, said it might look to raise as much as 750 million pounds ($912 million) by selling new shares and converting debt to equity if a buyer isn’t found. The bank may seek about 300 million pounds by selling new stock while asking bondholders to ...

  Bloomberg China’s central bank plans to apply a stricter method for assessing banks’ capital as part of efforts to contain financial-sector risks, people with knowledge of the matter said. Under the proposed change to the so-called Macro Prudential Assessment (MPA) framework, the People’s Bank of China will remove an intermediary category in its evaluation of banks’ capital adequacy, the ...